Founded in 2012, Hyperdrive Innovation, classified under reg no. 07948437 is an active company. Currently registered at Turntide Eighth Avenue NE11 0QA, Gateshead the company has been in the business for 12 years. Its financial year was closed on 31st December and its latest financial statement was filed on December 31, 2021.
The company has 2 directors, namely Mark C., Michael K.. Of them, Michael K. has been with the company the longest, being appointed on 18 May 2021 and Mark C. has been with the company for the least time - from 28 October 2022. As of 23 May 2024, there were 19 ex directors - Christopher P., Ryan M. and others listed below. There were no ex secretaries.
| Office Address | Turntide Eighth Avenue |
| Office Address2 | Team Valley Trading Estate |
| Town | Gateshead |
| Post code | NE11 0QA |
| Country of origin | United Kingdom |
| Registration Number | 07948437 |
| Date of Incorporation | Tue, 14th Feb 2012 |
| Industry | specialised design activities |
| Industry | Manufacture of electrical and electronic equipment for motor vehicles and their engines |
| End of financial Year | 31st December |
| Company age | 12 years old |
| Account next due date | Sun, 31st Dec 2023 (144 days after) |
| Account last made up date | Fri, 31st Dec 2021 |
| Next confirmation statement due date | Sat, 10th Feb 2024 (2024-02-10) |
| Last confirmation statement dated | Fri, 27th Jan 2023 |
Position: Director
Appointed: 28 October 2022
Position: Director
Appointed: 18 May 2021
The list of PSCs who own or control the company is made up of 1 name. As we found, there is Hyperdrive Innvovation Holding Ltd from Sunderland, England. This PSC is classified as "a limited company", has 75,01-100% voting rights and has 75,01-100% shares. This PSC has 75,01-100% voting rights and has 75,01-100% shares.
Hyperdrive Innvovation Holding Ltd
Future Technology Centre Barmston Court, Nissan Way, Sunderland, Tyne & Wear, SR5 3NY, England
| Legal authority | Companies Act 2006 |
| Legal form | Limited Company |
| Country registered | England |
| Place registered | Companies House |
| Registration number | 09973653 |
| Notified on | 6 April 2016 |
| Nature of control: |
75,01-100% shares 75,01-100% voting rights right to appoint and remove directors |
| Profit & Loss | |||||
|---|---|---|---|---|---|
| Accounts Information Date | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2021-12-31 | 2022-12-31 |
| Balance Sheet | |||||
| Cash Bank On Hand | 2 606 156 | 4 202 643 | 2 893 916 | 3 923 023 | 582 800 |
| Current Assets | 4 047 601 | 7 042 254 | 9 239 852 | 12 661 563 | 12 730 935 |
| Debtors | 1 001 395 | 1 804 382 | 3 337 705 | 5 237 864 | 9 901 221 |
| Net Assets Liabilities | 1 680 261 | 1 151 839 | 1 318 708 | 1 521 567 | 2 156 931 |
| Other Debtors | 381 230 | 103 717 | 99 963 | 41 003 | 36 042 |
| Property Plant Equipment | 163 876 | 363 159 | 490 845 | 641 019 | 621 823 |
| Total Inventories | 440 050 | 1 035 229 | 3 008 231 | 3 500 676 | |
| Other | |||||
| Audit Fees Expenses | 10 300 | 10 500 | 10 500 | 15 000 | 15 000 |
| Accrued Liabilities Deferred Income | 276 195 | 710 140 | 508 110 | ||
| Accumulated Amortisation Impairment Intangible Assets | 445 425 | 637 003 | 800 900 | 1 364 249 | 1 432 930 |
| Accumulated Depreciation Impairment Property Plant Equipment | 266 417 | 361 876 | 509 722 | 521 256 | 678 252 |
| Additions Other Than Through Business Combinations Intangible Assets | 19 750 | ||||
| Additions Other Than Through Business Combinations Property Plant Equipment | 294 742 | 275 532 | 161 708 | 146 740 | |
| Administrative Expenses | 2 864 156 | 3 611 047 | 5 473 198 | ||
| Amortisation Expense Intangible Assets | 199 863 | ||||
| Amounts Owed By Group Undertakings | 1 502 891 | 4 520 364 | |||
| Amounts Owed To Group Undertakings | 1 807 500 | 2 000 000 | 2 000 000 | 3 238 144 | 3 239 143 |
| Average Number Employees During Period | 40 | 56 | 74 | 80 | |
| Comprehensive Income Expense | -505 118 | 477 825 | 635 364 | ||
| Corporation Tax Recoverable | 109 439 | 109 439 | 176 209 | ||
| Cost Sales | 12 418 998 | 14 549 888 | 19 835 582 | ||
| Creditors | 2 591 743 | 5 558 823 | 7 091 154 | 8 615 720 | 6 489 680 |
| Deferred Income | 2 698 742 | 3 232 675 | 917 021 | ||
| Deferred Tax Asset Debtors | 656 984 | 788 281 | 778 753 | 633 630 | |
| Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws | 47 865 | ||||
| Depreciation Expense Property Plant Equipment | 147 846 | 11 534 | |||
| Dividends Paid On Shares | 512 236 | 320 658 | |||
| Finished Goods Goods For Resale | 3 008 231 | 3 500 676 | 2 246 914 | ||
| Fixed Assets | 676 112 | 683 817 | 746 587 | 696 898 | 635 548 |
| Further Item Deferred Expense Credit Component Total Deferred Tax Expense | -656 984 | -11 082 | 9 531 | 151 574 | |
| Further Item Tax Increase Decrease Component Adjusting Items | 194 | ||||
| Future Minimum Lease Payments Under Non-cancellable Operating Leases | 1 042 414 | 976 502 | 875 440 | 804 195 | 699 112 |
| Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss | -2 238 | 1 098 | -5 417 | ||
| Government Grant Income | 55 341 | 9 000 | |||
| Gross Profit Loss | 2 092 323 | 4 046 349 | |||
| Increase Decrease In Current Tax From Adjustment For Prior Periods | -207 445 | -15 000 | -54 316 | ||
| Increase From Amortisation Charge For Year Intangible Assets | 191 578 | 163 897 | 199 863 | 61 904 | |
| Increase From Depreciation Charge For Year Property Plant Equipment | 95 459 | 147 846 | 11 534 | 165 936 | |
| Intangible Assets | 512 236 | 320 658 | 255 742 | 55 879 | 13 725 |
| Intangible Assets Gross Cost | 957 661 | 957 661 | 1 442 406 | 1 420 128 | 1 446 655 |
| Interest Payable Similar Charges Finance Costs | 14 166 | 28 052 | 48 301 | ||
| Issue Equity Instruments | 5 006 045 | ||||
| Net Current Assets Liabilities | 1 455 858 | 1 483 431 | 2 308 663 | 4 045 843 | 6 241 255 |
| Operating Profit Loss | -666 492 | 512 517 | |||
| Other Creditors | 613 658 | 2 346 621 | 2 981 689 | 667 | 25 173 |
| Other Creditors Including Taxation Social Security Balance Sheet Subtotal | 103 631 | ||||
| Other Disposals Decrease In Amortisation Impairment Intangible Assets | 22 278 | ||||
| Other Disposals Decrease In Depreciation Impairment Property Plant Equipment | 2 163 | ||||
| Other Disposals Intangible Assets | 22 278 | ||||
| Other Disposals Property Plant Equipment | 2 163 | ||||
| Other Interest Receivable Similar Income Finance Income | 2 891 | 132 411 | |||
| Other Operating Income Format1 | 105 341 | 77 215 | 30 926 | ||
| Other Provisions Balance Sheet Subtotal | 2 237 143 | 3 221 174 | 4 719 872 | ||
| Other Taxation Social Security Payable | 36 561 | 167 922 | 103 631 | 206 480 | 107 257 |
| Pension Other Post-employment Benefit Costs Other Pension Costs | 54 319 | 103 606 | 169 770 | ||
| Prepayments Accrued Income | 41 314 | 399 685 | 738 824 | ||
| Profit Loss | -1 239 913 | -528 422 | -505 118 | 477 825 | 635 364 |
| Profit Loss On Ordinary Activities Before Tax | -680 658 | 487 356 | 629 328 | ||
| Property Plant Equipment Gross Cost | 430 293 | 725 035 | 1 000 567 | 1 162 275 | 1 300 075 |
| Provisions For Liabilities Balance Sheet Subtotal | 451 709 | 1 015 409 | 1 503 318 | ||
| Share-based Payment Expense Cash Settled | 273 339 | 225 635 | |||
| Social Security Costs | 235 782 | 319 127 | |||
| Staff Costs Employee Benefits Expense | 2 867 114 | 3 650 934 | |||
| Tax Expense Credit Applicable Tax Rate | -129 325 | 92 598 | 119 572 | ||
| Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit | -151 159 | ||||
| Tax Increase Decrease From Effect Different Tax Rates On Some Earnings | -140 350 | 47 866 | |||
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 48 026 | 32 001 | |||
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | -864 429 | -175 540 | 9 531 | -6 036 | |
| Total Assets Less Current Liabilities | 2 131 970 | 2 167 248 | 3 055 250 | 4 742 741 | 6 876 803 |
| Total Deferred Tax Expense Credit | 9 531 | 145 123 | |||
| Total Operating Lease Payments | 101 553 | 75 867 | |||
| Trade Creditors Trade Payables | 134 024 | 1 044 280 | 2 005 834 | 1 227 614 | 1 692 976 |
| Trade Debtors Trade Receivables | 620 165 | 1 043 681 | 2 460 237 | 2 406 093 | 3 796 152 |
| Transfers To From Non-current Assets Or Disposal Groups Held For Sale Intangible Assets | -6 777 | ||||
| Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment | 6 777 | ||||
| Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Amortisation Impairment Intangible Assets | -6 777 | ||||
| Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment | 6 777 | ||||
| Turnover Revenue | 14 511 321 | 18 596 237 | |||
| Wages Salaries | 2 577 013 | 3 228 201 | |||
| Amount Received Or Receivable Under Long-term Incentive Schemes Directors | 443 073 | ||||
| Company Contributions To Defined Benefit Plans Directors | 13 928 | 25 809 | |||
| Director Remuneration | 568 179 | 606 169 | |||
| Director Remuneration Benefits Including Payments To Third Parties | 582 107 | 1 075 051 | |||
| Type | Category | Free download | |
|---|---|---|---|
| TM01 |
Director's appointment was terminated on December 31, 2023 filed on: 2nd, January 2024 |
officers | Free Download (1 page) |
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